Category Starting Up
If we take a look back over the last couple of years it does appear that for most retail brands e-commerce has been the priority. The pandemic had much to do with this as a way of allowing brands to… Continue Reading →
If you’re a small business that doesn’t have the reach of some of your competitors, you need to take every opportunity to retain the business you have. One such way of ensuring repeat business is to set up subscriptions to… Continue Reading →
The necessity to improve the sustainability of a business is becoming increasingly important. Everyone is looking to do their part to address the climate emergency. It is now widely accepted that around 18% of the carbon emissions here in the… Continue Reading →
For the majority of individuals a side hustle is something that they love doing, that they can do in their spare time and helps them to give their income a necessary boost. When this side hustle is going really well… Continue Reading →
When starting a new business, there are undoubtedly a lot of things that you will need to learn and master pretty quickly to help you succeed. Starting a new small business can be challenging and stressful, no matter how much… Continue Reading →
As a small business owner, it is so easy to get lost in the stresses of running your business every day and lose sight of simple changes that can ease the pain of being stressed. Everyday stressors include feeling that… Continue Reading →
Taxes… they are never ending. National Insurance is basically just another tax. National Insurance Contributions (NICs) were set up in order to fund a number of state benefits, including the state pension, the NHS and additional welfare schemes. Your contributions… Continue Reading →
One of the most pressing concerns for a small business owner is staffing and wages. This is especially true if you occupy a niche market or are generally a one man or woman band. Instead of a full-time or part-time… Continue Reading →
Throughout the recent pandemic, delivery businesses have thrived, but there is certainly room for others to reap the benefits of an industry that is seeing unprecedented demand. Making sure you have the necessary physical equipment and covering the legal aspects such… Continue Reading →
Quite a lot of businesses fail to deliver their projects on time. And many of them often experience project failure. According to a study by PricewaterhouseCoopers, only 2.5% of companies successfully complete 100% of their projects.
One of the main reasons why most of the projects fail is poor planning. That’s because as many project managers simply jump in a project without taking the time to carefully plan every step of the way and ensure that everything is going to run smoothly.
How is your success rate when it comes to delivering your projects? Do you manage to deliver them on time and within budget? Are all of your projects actually reaching the finish line? Check the questions in the full article and if any one of your answers is negative, then there is definitely room for change and improvement in your project management skills and process.
Running a small business will always have its ups and downs and whilst the failure rate is high – for instance in the UK 40% of all small businesses fail within the first 5 years the actual number of small businesses is high. With over 5 million SMEs in the UK the success rate means there are at least 3 million businesses running successfully.
Small business owners experience many challenges while building a business from scratch. Every action they take reflects on the business’s progress. This begins with selecting the right small business idea, setting up the right infrastructure, hiring talented staff members and making sure that the management of staff goes well. Anything can go wrong with any one of these tasks and it is unlikely the business owner will have experience in all these areas.
Increasingly too businesses are using freelancers and other self-employed personnel for critical business functions. That is nothing new and has worked well in many organisations over the years, whether on a temporary basis, for example agency staff in care homes to fill staffing gaps or on an introductory basis where a live-in care company introduces live-in carers to prospective clients but then the contract is between carer and client (see liveincarehub.co.uk)
So businesses can be successful, and one success factor is providing the right environment for the employees or those who work on a freelance/self-employed basis. This is why, we have produced a guide that will help you hire the best team members and manage them effectively for your business project.
If you are interested in a role in project management, it is important to know what the market is like at present in the UK so that you can give yourself the best chance of securing a job. Of course,… Continue Reading →
Many small business owners can start up and function for a while with just the directors and maybe some occasional help from friends or family but eventually, if you want your business to grow you will need to consider taking… Continue Reading →
Your mindset is your biggest asset. Have you been neglecting it? If you have, you need to learn how to use it to your best ability. High achievers tend to always be people who strongly believe they are able to… Continue Reading →
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